FG to spend $600m yearly on electricity subsidy

Punchng | 02-02-2025 03:06pm |

The Federal Government has announced plans to introduce an annual electricity subsidy of $600m for all customers from 2025 as part of efforts to reform the power sector. The subsidy, expected to last until 2027, aims to bridge the gap between cost-reflective tariffs and regulated electricity rates, while the government works towards eliminating the metering Read More

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